Tech Company Financing Transactions

Udio Funding Round

Udio closed a $10 million Seed funding round on 4/11/2024. Backers included Andreessen Horowitz and private investors.

Transaction Overview

Company Name

Udio

Announced On

4/11/2024

Transaction Type

Venture Equity

Amount

$10,000,000

Round

Seed

Investors

Andreessen Horowitz (Lead Investor)

private investors (Kevin Wall)

private investors (Lonnie Lynn)

private investors (Mike Krieger)

private investors (Oriol Vinyals)

private investors (Steve Stoute)

private investors (Tay Keith)

private investors (William Adams)

Proceeds Purpose

The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status

Private & Independent

Industry

Artificial Intelligence

Mailing Address

750 Lexington Ave. 9th Floor
New York, NY 10022
USA

Phone

Undisclosed

Website

www.udio.com

Email Address

[email protected]

Overview

Udio builds AI tools to enable the next generation of music creators. We believe AI has the potential to expand musical horizons and enable anyone to create extraordinary music. udio.com allows users to create music from simple text prompts by specifying topics, genres, and other descriptors which are then transformed into professional quality tracks.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Co-Founder

David Ding

Co-Founder

Conor Durkan

Co-Founder

Yaroslav Ganin

Co-Founder

Charlie Nash

Co-Founder

Andrew Sanchez

Browse more venture capital transactions:

Prev: 4/11/2024: Patlytics venture capital transaction
Next: 4/11/2024: Veremark venture capital transaction

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Where The Data Comes From

We document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

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